Chapter 7 bankruptcy Debtor Judgment Secured Creditor 
Debt Free Colorado
MARCH 3, 2023
For ten years after filing for bankruptcy, lenders will be more reluctant to extend credit, and it may even be challenging to get employment. A court judgment that states that a person is not required to pay back some debts is given to those who abide by the bankruptcy laws and are granted a discharge.
Sawin & Shea
JANUARY 25, 2022
However, if you file for bankruptcy, it can put a pause on debt collection, including actions by secured creditors. How your debt is handled in bankruptcy will depend on which type you file. With unsecured debt, there is no lien or security interest agreed upon.
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